|Day Low/High||86.18 / 88.83|
|52 Wk Low/High||43.10 / 90.34|
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in MGP Ingredients Inc , where a total volume of 663 contracts has been traded thus far today, a contract volume which is representative of approximately 66,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.2% of MGPI's average daily trading volume over the past month, of 146,695 shares.
In recent trading, shares of MGP Ingredients Inc have crossed above the average analyst 12-month target price of $76.25, changing hands for $77.93/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
From tax cuts to the Flynn fallout, Jim Cramer says investors have to be covered.
The most recent short interest data has been released for the 11/15/2017 settlement date, which shows a 472,951 share decrease in total short interest for MGP Ingredients Inc , to 2,053,136, a decrease of 18.72% since 10/31/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
In recent trading, shares of MGP Ingredients Inc have crossed above the average analyst 12-month target price of $69.00, changing hands for $70.01/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Strong Premium Beverage Alcohol Net Sales Growth of 16%
Strong Performance Across Both Segments Drives 15% Increase in Operating Income
Board approves distribution of cash related to recently concluded sale of ICP
In trading on Thursday, shares of MGP Ingredients Inc touched a new 52-week high of $58.99/share. That's a 84.75% rise, or $27.06 per share from the 52-week low of $31.93 set back on 10/21/2016.
Board expects to declare special dividend of approximately $0.85 per share after closing
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
Premium Beverage Alcohol Drives 13% Revenue Increase; Net Income Increases 23%
This category of 'sin' stocks continues to deliver exceptional returns.
Full Year Operating Income Increases 27.8%, Reflecting Operating Performance and Special Items
Looking at the universe of stocks we cover at Dividend Channel, on 2/27/17, MGP Ingredients Inc will trade ex-dividend, for its quarterly dividend of $0.04, payable on 3/24/17. As a percentage of MGPI's recent stock price of $44.54, this dividend works out to approximately 0.09%.
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